THE CHARACTERISTICS OF TOP MANAGMENT AND FIRM’S EARNINGS MANAGEMENT: THE EVIDENCE FORM THAILAND
This study investigates the association between Top Management Team (TMT) characteristics and Earnings Management (EM) by examining 1,855 observations of Thai-firm listed in period of 2013–2017. This study employs Modified Jones model (1991) and Roychowdhury (2006) to measure accruals and real activ...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Nicolaus Copernicus University in Toruń
2019-12-01
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| Series: | Copernican Journal of Finance & Accounting |
| Subjects: | |
| Online Access: | https://apcz.umk.pl/czasopisma/index.php/CJFA/article/view/28099 |
| _version_ | 1797706745549684736 |
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| author | Rojana Khunkaew Yang Qingxiang |
| author_facet | Rojana Khunkaew Yang Qingxiang |
| author_sort | Rojana Khunkaew |
| collection | DOAJ |
| description | This study investigates the association between Top Management Team (TMT) characteristics and Earnings Management (EM) by examining 1,855 observations of Thai-firm listed in period of 2013–2017. This study employs Modified Jones model (1991) and Roychowdhury (2006) to measure accruals and real activities earnings management, respectively. The findings in this paper reveal TMT characteristics influence on both in AEM and REM and firms with older, long tenure and possessing CPA certification of TMT lead to decrease in AEM level. In contrast, TMT tenure has positive influence to REM level that implies long tenure of TMT tends to manage earnings through operation activities instead of discretionary accruals. However, the percentage of female members and master’s degree education of TMT have no significant association with earnings management. |
| first_indexed | 2024-03-12T05:56:52Z |
| format | Article |
| id | doaj.art-cf0d010878ae405784655eee6e1e9891 |
| institution | Directory Open Access Journal |
| issn | 2300-1240 2300-3065 |
| language | English |
| last_indexed | 2024-03-12T05:56:52Z |
| publishDate | 2019-12-01 |
| publisher | Nicolaus Copernicus University in Toruń |
| record_format | Article |
| series | Copernican Journal of Finance & Accounting |
| spelling | doaj.art-cf0d010878ae405784655eee6e1e98912023-09-03T04:31:51ZengNicolaus Copernicus University in ToruńCopernican Journal of Finance & Accounting2300-12402300-30652019-12-0183497410.12775/CJFA.2019.01223047THE CHARACTERISTICS OF TOP MANAGMENT AND FIRM’S EARNINGS MANAGEMENT: THE EVIDENCE FORM THAILANDRojana Khunkaew0Yang Qingxiang1Huazhong University of Science & TechnologyHuazhong University of Science & TechnologyThis study investigates the association between Top Management Team (TMT) characteristics and Earnings Management (EM) by examining 1,855 observations of Thai-firm listed in period of 2013–2017. This study employs Modified Jones model (1991) and Roychowdhury (2006) to measure accruals and real activities earnings management, respectively. The findings in this paper reveal TMT characteristics influence on both in AEM and REM and firms with older, long tenure and possessing CPA certification of TMT lead to decrease in AEM level. In contrast, TMT tenure has positive influence to REM level that implies long tenure of TMT tends to manage earnings through operation activities instead of discretionary accruals. However, the percentage of female members and master’s degree education of TMT have no significant association with earnings management.https://apcz.umk.pl/czasopisma/index.php/CJFA/article/view/28099top management team (tmt)earnings management (em)accruals earnings management (aem)real activities earnings management (rem) |
| spellingShingle | Rojana Khunkaew Yang Qingxiang THE CHARACTERISTICS OF TOP MANAGMENT AND FIRM’S EARNINGS MANAGEMENT: THE EVIDENCE FORM THAILAND Copernican Journal of Finance & Accounting top management team (tmt) earnings management (em) accruals earnings management (aem) real activities earnings management (rem) |
| title | THE CHARACTERISTICS OF TOP MANAGMENT AND FIRM’S EARNINGS MANAGEMENT: THE EVIDENCE FORM THAILAND |
| title_full | THE CHARACTERISTICS OF TOP MANAGMENT AND FIRM’S EARNINGS MANAGEMENT: THE EVIDENCE FORM THAILAND |
| title_fullStr | THE CHARACTERISTICS OF TOP MANAGMENT AND FIRM’S EARNINGS MANAGEMENT: THE EVIDENCE FORM THAILAND |
| title_full_unstemmed | THE CHARACTERISTICS OF TOP MANAGMENT AND FIRM’S EARNINGS MANAGEMENT: THE EVIDENCE FORM THAILAND |
| title_short | THE CHARACTERISTICS OF TOP MANAGMENT AND FIRM’S EARNINGS MANAGEMENT: THE EVIDENCE FORM THAILAND |
| title_sort | characteristics of top managment and firm s earnings management the evidence form thailand |
| topic | top management team (tmt) earnings management (em) accruals earnings management (aem) real activities earnings management (rem) |
| url | https://apcz.umk.pl/czasopisma/index.php/CJFA/article/view/28099 |
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